M&I Software definition
Examples of M&I Software in a sentence
In any event, M&I shall work with Customer in developing and implementing a suitable procedure or direction to enable Customer to comply with federal and state laws, rules and regulations applicable to the Services being provided by M&I to Customer, including in those instances when M&I has elected to, but it is not commercially practicable to, modify the M&I Software prior to the regulatory deadline for compliance.
If M&I elects to support a new federal law, rule or regulation through changes to the M&I Software, M&I shall develop and implement modifications to the Services to enable Customer to comply with such new federal laws, rules and regulations.
At any time, Customer has the option of licensing the M&I Software used to process data hereunder from M&I.
Any additional modification to the M&I Software to make it Millennium Ready shall be made by M&I at no additional charge to Customer, provided, however, that any testing requirements imposed on Customer by any Federal Regulator shall be performed by M&I at Customer's sole cost and expense at M&I's then-current standard rates.
Any additional modification to the M&I Software to make it Millennium Ready shall be made by M&I at no additional charge to Customer, provided, however, that any testing requirements imposed on Customer by any Federal Regulator shall be performed by M&I at Customer’s sole cost and expense at M&I’s then-current standard rates.
The M&I Software shall be modified to be Millennium Ready on or before December 31, 1998.
M&I shall provide to Customer, at no charge, the results of proxy testing conducted as of the Effective Date on non-custom M&I Software used to provide the Initial Services.
Subject to Seller complying with the terms and conditions of this license, Buyer agrees and covenants (on its behalf and on behalf of its affiliated companies) not to s▇▇ Seller or any of its affiliated companies for any cause of action or claim based upon or arising from any allegation of patent infringement arising under the following patents that are being acquired by the Buyer from Seller hereunder, to the extent the patents apply to the MI Software: 6,119,114; 6,173,298; 6,621,930B1 and 6,687,687B1.
Confidential Information" of a party ------------------------ shall mean all confidential or proprietary information and documentation of such party, whether or not marked as such, including without limitation with respect to Customer, all Customer Data and including, with respect to M&I, the M&I Software.
M&I shall maintain the features and functions for each of the Services to be in material compliance with all applicable Federal Requirements, provided that for any new Federal Requirement arising after the date of this Agreement M&I will support such Federal Requirement through changes to the M&I Software or suitable procedures not involving changes to the M&I Software, without additional charge to Customer, to enable Customer to comply with such Federal Requirement.